$ETH

Bitcoin (BTC) closed the week 7.1% up, while Ethereum (ETH) had its best week in a while, closing the week up 19.7% from the week prior. Total crypto market cap surged 6.6% from $3.113T to close the week at $3.32T.

The week’s liquidation data started muted, but short liquidations accelerated into the end of the week with almost $1B liquidated in the last 2 days. While funding rates rose slightly, they still maintained at healthy levels in the high single digits to low double digits.